Digital Ally (NASDAQ:DGLY) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Digital Ally (NASDAQ:DGLY) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Down 1.9 %

Shares of NASDAQ:DGLY opened at $1.02 on Friday. Digital Ally has a 1 year low of $0.84 and a 1 year high of $3.29. The stock has a 50-day simple moving average of $1.07 and a 200-day simple moving average of $1.88. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51. The stock has a market capitalization of $2.94 million, a P/E ratio of -0.12 and a beta of 0.86.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings data on Friday, August 16th. The scientific and technical instruments company reported ($1.74) earnings per share (EPS) for the quarter. The business had revenue of $5.62 million during the quarter. Digital Ally had a negative return on equity of 197.62% and a negative net margin of 85.23%.

Digital Ally Company Profile

Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices.